Just part B please on the place i got wrong: In $2024,$ Aurora received a $$50,700$ bonus computed as a percentage of pro

In $2025,$ Aurora's employer determined that the $2024$ profits had been incorrectly computed, and Aurora had to refund the $$15,212025.$ Assume that Aurora was in the $35\%$ tax bracket in $2024$ but in the $12\%$ bracket in $2025.$

If required, round your final answers to the nearest dollar.

a$.$ In $2024,$ how much is Aurora required to include in gross income?

$ $$

b$.$ In $2025,$ what is the amount of the deduction Aurora can claim?

$ $$

What is the reduction in taxes for $2025$ as a result of the deduction? $ $$ X

Feedback

Check My Work

The court$-$made claim of right doctrine applies when the taxpayer receives property as income and treats it as his or her own but a dispute over the taxpayer's rights to the income.